Labour force participation rate (ILO modelled estimates) in Panama

Panama: Labour force participation rate (ILO modelled estimates) was 66.17 in 2027. ▲ Rising

Latest (2027)
66.17
Change on year
down 0.1%
World rank
49th
of 188 countries
All-time high
68.51
in 2019
All-time low
54.47
in 1990
Years of data
38
1990–2027

Labour force participation rate (ILO modelled estimates) in Panama, 1990–2027

02040601990200820271990: 54.51991: 57.81992: 591993: 60.11994: 60.51995: 61.31996: 61.51997: 61.61998: 62.81999: 62.72000: 632001: 63.32002: 63.62003: 63.82004: 64.42005: 64.52006: 63.72007: 64.12008: 65.72009: 63.52010: 64.92011: 632012: 652013: 65.72014: 65.72015: 65.72016: 66.22017: 65.92018: 67.62019: 68.52020: 66.42021: 62.82022: 66.32023: 65.12024: 66.32025: 66.32026: 66.32027: 66.2

Source: International Labour Organization.

Analysis

The most recent figure for labour force participation rate (ilo modelled estimates) in Panama is 66.17, measured in 2027.

That represents a change of down 0.1% on the previous year and up 0.5% over ten years.

Over the whole period, labour force participation rate (ilo modelled estimates) in Panama peaked at 68.51 in 2019 and was at its lowest, 54.47, in 1990.

That places Panama 49th out of 188 countries with data for 2027, putting it in the middle of the range.

The long-run direction has been consistently rising across the 38 years of available data.

Labour force participation rate (ILO modelled estimates) in Panama, year by year

Annual values for Labour force participation rate (ILO modelled estimates) (15+) in Panama, 1990 to 2027.
Year Value Change
1990 54.47 —
1991 57.82 +6.2%
1992 59 +2.0%
1993 60.14 +1.9%
1994 60.5 +0.6%
1995 61.31 +1.3%
1996 61.48 +0.3%
1997 61.63 +0.2%
1998 62.85 +2.0%
1999 62.67 -0.3%
2000 63 +0.5%
2001 63.32 +0.5%
2002 63.64 +0.5%
2003 63.8 +0.2%
2004 64.39 +0.9%
2005 64.54 +0.2%
2006 63.71 -1.3%
2007 64.08 +0.6%
2008 65.66 +2.5%
2009 63.52 -3.3%
2010 64.88 +2.1%
2011 63.01 -2.9%
2012 64.96 +3.1%
2013 65.74 +1.2%
2014 65.7 -0.1%
2015 65.65 -0.1%
2016 66.19 +0.8%
2017 65.87 -0.5%
2018 67.57 +2.6%
2019 68.51 +1.4%
2020 66.4 -3.1%
2021 62.8 -5.4%
2022 66.32 +5.6%
2023 65.14 -1.8%
2024 66.32 +1.8%
2025 66.3 -0.0%
2026 66.25 -0.1%
2027 66.17 -0.1%

Panama compared with similar countries

  • Panama's 66.17 is above the median for high income countries, which is 62.3, 1.1× the median. (62 countries reporting)
  • Panama's 66.17 is above the median for Latin America & Caribbean, which is 62.69, 1.1× the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.19 54.47 62.85 10
2000s 63.97 63 65.66 10
2010s 65.81 63.01 68.51 10
2020s 65.71 62.8 66.4 8

Countries ranked near Panama

  1. 46 Netherlands 66.71 compare
  2. 47 Cyprus 66.42 compare
  3. 48 Laos 66.2 compare
  4. 49 Caribbean 59.21 compare
  5. 50 Nicaragua 66.12 compare
  6. 51 Australia 66.09 compare
  7. 52 Malaysia 66.08 compare

See the full ranking of 276 places →

More work & labour data for Panama

All data for Panama →

Frequently asked questions

What is labour force participation rate (ilo modelled estimates) in Panama?
Labour force participation rate (ilo modelled estimates) in Panama was 66.17 in 2027, according to International Labour Organization.
What is the highest labour force participation rate (ilo modelled estimates) recorded in Panama?
The highest recorded value was 68.51 in 2019.
What is the lowest labour force participation rate (ilo modelled estimates) recorded in Panama?
The lowest recorded value was 54.47 in 1990.
How does Panama rank for labour force participation rate (ilo modelled estimates)?
Panama ranks 49th out of 188 countries with data for 2027.
Is labour force participation rate (ilo modelled estimates) rising or falling in Panama?
Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from International Labour Organization, published as part of Labour force participation rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 38 observations, free to reuse under ILO Terms of Use (attribution required).

Share, cite or embed this page

Cite this page

Labour force participation rate (ILO modelled estimates) in Panama. Statizoid, drawing on International Labour Organization. Retrieved 04 October 2026, from https://labour.statizoid.com/stat/labour-force-participation-rate-ilo-modelled-estimates-15/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under ILO Terms of Use (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/labour-force-participation-rate-ilo-modelled-estimates-15/panama/">Labour force participation rate (ILO modelled estimates) in Panama</a> — Statizoid

About this data

Indicator
Labour force participation rate (ILO modelled estimates) (15+)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
276 places, 10,464 data points, 1990–2027
Last refreshed

Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. The labour force participation rate is the labour force as a percent of the working-age population. The labour force is the sum of all persons of working age who are employed and those who are unemployed. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.